secwatch.observer — SEC 8-K summary
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Issuer:     EVOLUTION PETROLEUM CORP (EPM)
CIK:        0001006655
Form:       8-K/A
Filed at:   2022-03-30T23:59:59+00:00
Accession:  0001006655-22-000017
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 9.01, 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Evolution Petroleum provides financials for $25.9M Williston Basin acquisition
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- Acquired properties generated $8.69M revenue and $4.00M direct op ex for nine months ended Sep 30, 2021.
- For six months ended Dec 31, 2021, revenue was $6.49M with $2.38M direct op ex.
- Proved reserves at Sep 30, 2021: 2.03M BOE (1.53M bbl oil, 0.29M bbl NGL, 1.22M Mcf gas).
- Standardized Measure (PV-10) of reserves: $18.98M vs purchase price of $25.9M.
- Acquisition funded with cash on hand and $16.0M draw on existing credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1006655/000100665522000017/0001006655-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1006655/000100665522000017/epm-20220114.htm
  HTML page:      https://secwatch.observer/filing/0001006655-22-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer